Club Factory plans to break into the top three of India’s online businesses, the company said on September 3, as reported by the Press Trust of India. As part of its plan to expand its business in India, the business aims to on-board a large number of Indian sellers and has launched a 0% commission incentive. The business aims to connect with over 10,000 sellers this year.
“After witnessing a rapid growth and success in India, we are now looking forward to an era of FAC (Flipkart, Amazon, Club Factory) to be the future of India e-commerce market,” Club Factory’s founder and CEO told the Press Trust of India. “We are further empowering local SMEs [small and medium enterprises] in India with our 0% commission strategy and also making significant investment in the ecosystem to meet higher consumer demands.”
Club Factory has shifted its focus from retailing Chinese goods in India to retailing Indian goods in the country. The government began to scrutinise a large number of Chinese businesses in winter last year to check their customs-duty compliance. Concentrating on Indian goods for India allows the business to cater to the local market and makes compliance easier.
The business currently runs three warehouses in India. As part of its investment in its India business, Club Factory plans to open more warehouses in the near future.